In the recent years China has made arrangements to make its privacy laws stricter. The country amended its criminal policy to forbid the transfer, sale or gathering of information of any Chinese citizens by the government firms and companies who are involved in telecom business, education transportation and medical treatment, in 2009.

EBay Inc. the online retailer on Wednesday posted a 13% growth in its quarterly income which was possible mainly due to the better-than-expected results which came from its quickly growing PayPal division. The good results from Pay Pal helped EBay to overcome growing competition from rival Amazon. com Inc. along with a recently exposed cyber attack which revealed the data of customer.

In an official announcement made on Thursday, bigwig automaker Ford Motor said that the company's CEO, Alan R. Mulally, would retire July 1, 2014. Mulally's retirement, which was expected this year, would end the executive's spectacular stint as the CEO since joining Ford in 2006, when the automaker was struggling for survival.

Close on the heels of teasing the launch of a native iPad application - via Twitter - on Wednesday, on-demand music streaming service Beats Music released version 2.0 of its app on the App Store on Thursday.

Although the app is now available as a free download, Beats Music itself requires a monthly subscription fee of $9.99.

In an earlier-this-week statement via a blog post, 3D Systems said that it is, in collaboration with Carnegie Mellon University, exploring 'conductive ink' to print electric circuits for Google's Project Ara modular smartphone. 3D Systems is the company which Google has enlisted for printing the modules for its Project Ara smartphone.